BorgWarner: Q1 Earnings Insights

BorgWarner BWA reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

BorgWarner beat estimated earnings by 20.69%, reporting an EPS of $1.05 versus an estimate of $0.87.

Revenue was down $135.00 million from the same period last year.

Last quarter the company beat on EPS by $0.31 which was followed by a 0.13% drop in the share price the next day.

Here's a look at BorgWarner's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.75	0.72	0.35	0.92
EPS Actual	1.06	0.80	1.08	1.21
Revenue Estimate	3.47B	3.43B	3.52B	3.57B
Revenue Actual	3.65B	3.42B	3.76B	4.01B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

BorgWarner management provided guidance for FY 2022, expecting earnings between $3.9 and $4.25 per share.

To track all earnings releases for BorgWarner visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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